Salt Lake City's 'Maven District' dares women to dream big

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John Franchi is a morning anchor and reporter for 'Good Day Utah' on FOX 13 News.

SALT LAKE CITY — When she looks at the growing property located on 900 South, an area of Salt Lake City already known for being eclectic, Tessa Arneson sees her vision coming to life with a wealth of opportunities for the future.Arneson is the founder of the Maven District, a collection of small businesses, most of which are owned and operated by women.

"We empower other women to get out of their comfort zones and pursue their passions," said Michelle Zarka, owner of Pantry Products. “It’s been amazing getting embedded into the community,” added Meera Patel, owner of The Juice Bar. “We love getting to meet our fellow neighbors and getting to work in the Maven District where there is lots of cross-collaboration between businesses.”Along with inflation, businesses are dealing with high interest rates and the challenge of securing capital to expand.

“Only 3% of all venture capital money goes to women-owned businesses. In Utah it's 1%,” she explained.

 

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